Y Combinator unveils its latest startups, Slack confirms a big funding round and the SEC charges investor Mike Rothenberg with fraud. Here's your Daily Crunch for August 21, 2018. 1. Ten startups that caught our eye from Y Combinator S18 Demo Day 1 The latest batch of startups graduating from Y Combinator cover everything from new wearables to detecting breast cancer to creating the industrial supply chain for the meat replacement industry. While a whopping 63 companies took the stage at yesterday's Demo Day, the TechCrunch team highlighted 10 in particular that caught their attention. Keep an eye on TechCrunch (or tomorrow's newsletter) for a whole new set of demos today. 2. Slack confirms it has raised $427M at a post-money valuation of over $7.1B This confirms details first reported by TechCrunch earlier this month. 3. The SEC has charged Mike Rothenberg with fraud It's important to note a formal charge is not proof of guilt and Rothenberg has not made any admission of guilt under these proceedings. However, Rothenberg has been under investigation by the SEC for the last several years. 4. Google Fit gets a redesign, adds Heart Points and coaching The company's activity tracking app has been around for a few years now — but until today, it pretty much worked and looked the same as on the day it launched. Today's redesign is quite a departure from that old look and feel, introducing a number of new features. 5. Google Assistant's latest feature delivers just the 'good news' To activate the feature, Assistant users in the United States can say, "Hey Google, tell me something good" to kick off the daily briefing of happy stories. 6. Netflix tests a bypass of iTunes billing in 33 markets Until September 30, new or lapsed subscribers in selected markets across Europe, Latin America and Asia will be unable pay using iTunes. They are instead getting redirected to the mobile web version to log payment details directly with Netflix. 7. Costco now supports Apple Pay across all of its US stores This new partnership comes hot on the heels of Apple's landing similar deals with CVS and 7-Eleven. |
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